The Queensland Court of Appeal has upheld a decision finding a solicitor liable for failing to advise on the risks of a transaction that took place prior to his engagement. ...
The Queensland Court of Appeal has upheld a decision finding a solicitor liable for failing to advise on the risks of a transaction that took place prior to his engagement.
The recent passing of the Treasury (Cost of Living) and other Legislation Amendment Act 2012 (Qld) spells the end of mandatory sustainability declarations for sellers of residential property.
On 15 June 2012, the Federal Court handed down a decision on the penalty for an internet service provider’s misleading and deceptive advertising. The judgment contains a warning to other Australian businesses.
On Friday 25 May, all existing business name registers in each state closed down and the information was transferred to the register of the Australian Securities and Investments Commission (ASIC).
In the course of what remains one of the most turbulent economic periods experienced, providers of financial services must remain vigilant when discussing, dissecting and analysing available market information and providing financial advice to clients.
A recent Australian Tax Office (ATO) interpretative decision has confirmed that a member can make a contribution to a self-managed super fund (SMSF) prior to 30 June 2012, claim the deduction for the 2012 financial year, and the trustee of the SMSF can allocate the contribution to the member in
The application of the modern award system creates many challenges for employers. There is a common misconception that an employer can simply pay above award wages to an award-covered employee in lieu of overtime, penalties, loadings and allowances.
In an era where many families have accumulated substantial wealth through generations of hard work or entrepreneurship, it is becoming increasingly common for family lawyers to be asked by clients (or their relatives) to quarantine their holdings from current spouses and new partners for the benefit of their children and
Fair Work Australia’s minimum wage panel has announced a 2.9% increase in minimum wages effective from 1 July 2012.
On 23 May 2012, the ATO released SMSFR 2012/1 confirming its position on the application of a number of key concepts for limited recourse borrowing arrangements by trustees of self-managed superannuation funds (SMSFs).
The recent $2.7 million Supreme Court decision in Kotku Bread Pty Ltd v Vero Insurance Ltd & Anor [2012] QSC 109 confirms that an insurance broker owes a duty of care to its client to not only take reasonable steps to inquire as to the property to be insured, but
On 3 May 2012 the High Court dismissed the appeal of Peter Shafron, the former company secretary and general counsel of James Hardie Industries Limited (JHIL) in the decision of Shafron v Australia Securities and Investments Commission [2012] HCA 18.
Cooper Grace Ward acknowledges and pays respect to the past, present and future Traditional Custodians and Elders of this nation and the continuation of cultural, spiritual and educational practices of Aboriginal and Torres Strait Islander peoples.
Fast, accurate and flexible entities including companies, self-managed superannuation funds and trusts.